PublicationsInsights on Current Policy Issues

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

Today's Daily Update

July 31, 2018

The Senate will vote on: the motion to concur in the House amendments to S.1182, 4-month extension of the National Flood Insurance Program; the confirmation of Britt Grant, to be U.S. Circuit Judge for the Eleventh Circuit; and the motion to invoke cloture on the Shelby substitute amendment to H.R.6147, Minibus II (FSGG/Interior/THUD/Ag).

THE HOUSE

Yesterday

The House was not in session.

Today

The House is not in session.

THE SENATE

Yesterday

Grant Nomination--Agreement:

Senate resumed consideration of the nomination of Britt Cagle Grant, of Georgia, to be United States Circuit Judge for the Eleventh Circuit.

During consideration of this nomination today, Senate also took the following action:

By 52 yeas to 44 nays (Vote No. 172), Senate agreed to the motion to close further debate on the nomination.

A unanimous-consent-time agreement was reached providing that notwithstanding the provisions of Rule XXII, the vote on confirmation of the nomination occur at 2:15 p.m., on Tuesday, July 31, 2018; and that following disposition of the nomination, there be up to five minutes of debate, equally divided in the usual form, and following the use or yielding back of that time, Senate vote on the motion to invoke cloture on Shelby Amendment No. 3399, to H.R. 6147, making appropriations for the Department of the Interior, environment, and related agencies for the fiscal year ending September 30, 2019.

A unanimous-consent agreement was reached providing for further consideration of the nomination, post-cloture, at approximately 10 a.m., on Tuesday, July 31, 2018.

Today

The Senate stands adjourned until 10:00am on Tuesday, July 31, 2018.

Following Leader remarks, the Senate will resume consideration of Executive Calendar #1006, Britt Grant, of Georgia, to be U.S. Circuit Judge for the Eleventh Circuit, post-cloture.

At 12:15pm, the cloture motion that was filed with respect to the House message (4-month extension of the National Flood Insurance Program) to S.1182 will be withdrawn and the Senate will vote on the motion to concur (passage).

The Senate will recess following the vote on S.1182 until 2:15pm to allow for the weekly caucus meetings.

At 2:15pm, the Senate will vote on confirmation of the Grant nomination and the motion to invoke cloture on Shelby amendment #3399 (substitute) to H.R.6147, Minibus II (FSGG/Interior/THUD/Ag).

As a result of cloture having been filed on H.R.6147, Minibus II, and the Shelby substitute amendment, the filing deadline for 2nd degree amendments is one hour prior to the cloture vote.

As a reminder, last week Senator McConnell filed cloture on the following items:

1. Executive Calendar #1006, Britt Grant, of Georgia, to be U.S. Circuit Judge for the Eleventh Circuit; invoked

2. Shelby amendment #3399 (substitute) to H.R.6147;

3. H.R.6147, Minibus II (FSGG/Interior/THUD/Ag);

4. Motion to concur in House amendment to S.1182 (Flood Insurance Program 4-month extension) (amendment/motion tree filled); ordered to be withdrawn

5. Conference Report to accompany H.R.5515 (NDAA).

Each cloture motion will ripen upon disposition of the previous one and each is subject to up to 30 hours of post-cloture debate time.

Tuesday at 12:15pm – 1 roll call vote

1. Motion to concur in the House amendments to S.1182, 4-month extension of the National Flood Insurance Program (to November 30th)

Tuesday at 2:30pm – 2 roll call votes

1. Confirmation of Executive Calendar #1006, Britt Grant, of Georgia, to be U.S. Circuit Judge for the Eleventh Circuit

PublicationsInsights on Current Policy Issues

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.

This memorandum will provide a survey of federal action on cryptocurrencies (aka virtual currencies), including enforcement and guidance. At present, some federal regulators have begun asserting oversight and enforcement authority under their existing powers while other potential regulators have not yet indicated publicly what, if any, oversight they will exercise. Other federal stakeholders on cryptocurrencies have also begun to engage. However, the U.S. government’s approach to virtual currencies remains fluid.